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Tax advisory Succession and estate planning
Tax-deferred capital distributions from discretionary family trusts
Discretionary family trusts are used extensively for tax, family and succession planning, as they afford enormous flexibility. In most cases, when such trusts are created, beneficiaries do not pay for their interest, and this assumption is made herein. Once a trust is settled, it will exist until all the assets are distributed to the beneficiaries and the trust is wound up. 
Aug 30, 2018
117 PEOPLE
International Tax advisory
Voluntary disclosure of foreign assets
The Internal Revenue Service (IRS) has announced it will begin to wind down the 2014 Offshore Voluntary Disclosure Program (OVDP) and close it entirely on Sept. 28, 2018. 
Shawn Strandberg Aug 24, 2018
U S Tax Alert 48 AERIAL
Business advisory services Audit and accounting Private enterprise Tax advisory
Managing adjusted aggregate investment income
As outlined in the March Tax Alert, the 2018 Budget includes a measure designed to slow the accumulation of passive investments within active corporations. This measure is based on a calculation that considers both the amount and the type of investment income earned in a corporation. Understanding this calculation will guide an investor in developing a tax-efficient investment strategy going forward.
Scott Dupuis Jun 28, 2018
Tax alert (Use going forward)
Business advisory services Audit and accounting Private enterprise Tax advisory
Expand your structuring options: consider a limited partnership
While partnerships have existed for as long as people have been in business, their use in Canada has been relegated largely to certain industries and tax situations.
Feb 26, 2018
Vacancies Adobe Stock 273844408
Alert Audit and accounting International Tax advisory
Personal U.S. tax changes
On November 2, 2017, the Ways and Means Committee of the U.S. House of Representatives released a tax reform bill entitled The Tax Cuts and Jobs Act.
Dec 21, 2017
U S Tax Alert 48 AERIAL
Audit and accounting International Tax advisory
How government pensions work for cross-border employees
If you have worked in both Canada and the United States or are contemplating a move to the U.S. after years of working in Canada (or vice versa), you may wonder about paying into both the Canada Pension Plan (CPP) system and the U.S. Social Security system. Will you be able to collect pensions from both countries? 
Dec 19, 2017
U S Tax Alert 48 AERIAL
Audit and accounting Data solution services Tax advisory
The tech-savvy era of cloud accounting – Risks and benefits
In today’s increasingly digital world, having tools and programs that are as advanced as those of the competition plays a critical role in the success of any business. Cloud computing allows businesses to access their data anytime and anywhere via an internet connection, while reducing the headache of managing accounting records and transactions.
Dec 15, 2017
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Audit and accounting Private enterprise International Tax advisory
U.S. tax pain: Canadian mutual funds and ETFs
From an investment perspective, mutual funds and exchange-traded funds (ETFs) make sense for many Canadians.
Ralph Neate Sep 27, 2017
U S Tax Alert 48 AERIAL
Audit and accounting Private enterprise Tax advisory
Selling your farmland - GST / HST implications
With farmland values on the rise in Canada, many farmers are contemplating selling some or all of the land used in their farming businesses. Farmland sales may have GST/HST implications depending on such factors as the nature of the purchaser and the intended use of the land subsequent to sale. 
Sep 20, 2017
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Audit and accounting Tax advisory
A little free advice: encourage your auditor to speak freely
Having led over 1,000 audits of almost every shape and size, I often find myself in possession of extremely confidential and sensitive client financial information. This position of privilege occasionally provides me with a glimpse into a cross-section of some of the most successful (and sometimes unsuccessful) businesses in Canada each and every year. It is from this vantage point that I am offering a little free advice from a simple auditor to any client or potential client.
Mar 29, 2017
390 PEOPLE
International Tax advisory
Medical professionals and the interplay of the tuition credit and the foreign tax credit
It is not uncommon for recently graduated medical professionals to take up employment in the United States immediately upon completion of their education and practical experience requirements.
Mar 6, 2017
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